Which of the Following Statements Is True

question 100

Multiple Choice

Which of the following statements is true?

• A) In both black markets and legal markets, supply and demand determine price.
• B) The quality of products sold in black markets and legal markets are similar.
• C) The price of products in black markets tends to be the same as those in legal markets for otherwise identical products.
• D) The rate of violence is similar in black markets and legal markets.

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Definitions:

Unrelated Products

Products that belong to different markets or sectors, showing no direct connection or use relation.

New Customers

Individuals or entities that have never purchased from or engaged with a brand or business before.

Existing Products

Products that are currently available in the market, developed and sold by companies.

Existing Customers

Individuals or entities that have previously made purchases from a business and may continue to do so.